Share this article Share this article NEW YORK, Jan. 26, 2021 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC" or "the Company"), today closed its initial public offering of 37,950,000 units at a price of $10.00 per unit. This closing included the upsizing of the transaction, as well as the full exercise of the underwriters' over-allotment option. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $379,500,000 (or $10.00 per unit sold in the public offering) was placed in the Company's trust accoun...